Panama Personal income tax (ISR personas naturales)
Panama Personal income tax (ISR personas naturales) run from 0% to 25% across 3 bands, cited to Código Fiscal, art. 700 (texto según Ley 8 de 15 de marzo de 2010, G.O. 26489-A); tabla oficial DGI-MEF 'Tarifa', in force since 1 Jan 2010. Last checked against the official source on 5 Aug 2026.
Progressive annual income tax bands for resident natural persons on net taxable income, Código Fiscal art. 700.
Compare income tax rates across all 10 North American countries →
| Current value | 0–25% across 3 bands |
|---|---|
| In force from | 2010-01-01 |
| Official source | Código Fiscal, art. 700 (texto según Ley 8 de 15 de marzo de 2010, G.O. 26489-A); tabla oficial DGI-MEF 'Tarifa' |
| Last verified | 2026-08-05 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
Statutory 3-band table verified digit-for-digit on the DGI 'Tarifa' page on 2026-07-20: up to B/.11,000 -> 0%; over B/.11,000 up to B/.50,000 -> 15% on the excess over 11,000; over B/.50,000 -> B/.5,850 (tax on the first 50,000) plus 25% on the excess. Bands set by Ley 8 de 15 de marzo de 2010 (applicable from tax year 2010) and unchanged since - thresholds are NOT indexed. Territorial system: only Panama-source income is taxed; salaries also bear a separate educational-insurance levy and CSS social-security contributions not included here. Non-residents: withholding applying the same art. 700 rates on 50%-remittance rules for services - out of scope of this band table.
Get it programmatically
curl https://usaref.dev/v1/pa/income-tax
# $0.005 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://usaref.dev/v1/pa/income-tax/history?from=2020-01-01
# Provenance: curl https://usaref.dev/provenance/pa/income-taxOther Panama series: Monetary policy rate · ITBMS (VAT) standard rate · VAT registration threshold · Minimum wage (lowest general statutory floor) · National public holidays · CPI inflation (year-over-year) · Corporate income tax (ISR personas jurídicas) · Withholding tax rates · Statutory legal interest (interés legal) · Statutory social-insurance contributions
The same figure elsewhere: The Bahamas · United States · Canada · Costa Rica · Dominican Republic · all 10